Wiss Enters Strategic Partnership With AI Platform Basis

Top 100 accounting firm Wiss announced a strategic partnership with Basis, an artificial intelligence platform for accounting firms.

Basis will be deployed across the firm to enhance efficiency, reduce risk, and improve the quality of work-life balance for accountants, Florham Park, NJ-based Wiss said on Sept. 11.

Basis uses cutting-edge AI, including generative AI and language models built specifically for accounting firms, to streamline workflows across Wiss.

“Basis offers a unique capability to fully automate accounting workflows with extremely high accuracy in a way that not only frees up our team but drives the bottom line,” said Paul Ursich, a partner at Wiss. “We are a Microsoft firm—we have a private Wiss ChatGPT instance with firm data and have found Copilot useful—but Basis’ capability for integrated, end-to-end automation is transformative.”

The firm began testing Basis in beta for their client accounting services (CAS) practice last November, and the successful results led to a full deployment across the practice.

“We see AI as an enormous resource to help us provide a better experience for our people and clients,” said Paul Peterson, partner-in-charge at Wiss. “It will allow Wiss to provide a much more meaningful and insightful experience where we will focus our time on higher-level activities that our people find more stimulating and our clients more valuable.”

Wiss partner Mike Castle added, “Basis is a game-changer because, unlike normal automation, it can truly understand the work it’s performing and adjust to different situations. Our initial tests showed enormous potential for Basis to reduce the amount of manual work within the practice while providing an even higher-quality experience for clients. The leadership team was eager to roll this out to all clients as quickly as possible, recognizing this as a key enabler of scaling our CAS service line for future growth.”

Internal adoption of Basis has increased rapidly month over month, and as a result, Wiss is strategically prioritizing its implementation across departments.

“Wiss is a visionary partner that understands how this technology will elevate both value to clients and experience for employees,” Basis CEO Matt Harpe said. “Wiss is exactly the kind of forward-thinking firm where I would want to work. We think Basis will be a major differentiator for the firm and are excited for many years of partnership to help propel the firm to new heights.”